Business in Suriname. Surinamese Economy

1. Introduction to Suriname
2. Doing Business in Paramaribo
3. Surinamese Economy
4. Surinamese International Trade
5. Transport and Logistics
6. Business Opportunities in Suriname
7. Access to the Surinamese Market
8. Business Plan for Suriname

The educational aims of the Subject «Doing Business, Trade and Transport in Suriname» are:

1. To analyze the Surinamese Economy, Logistics and Global Trade
2. To conduct research on business opportunities in Suriname
3. To research the trade relations of Suriname with the student's country
4. To know Trade Agreements of Suriname
5. To develop a business plan for the Surinamese Market

The Subject «Foreign Trade, Logistics and Business in Suriname» is included within the curriculum of the following academic programs at EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: World Trade.

Masters adapted for Surinamese Students.

Languages ( Surinam Suriname Suriname).

Preferential Access and Trade Agreements of Suriname:

1. Suriname and the Caribbean Economic Area
2. Association of Caribbean States
3. CARICOM
   1. CARIFORUM-EU Agreement
   2. Colombia-CARICOM Agreement (Suriname)
   3. CARICOM-Dominican Republic Agreement
   4. Costa Rica-CARICOM Agreement (Suriname)
   5. UK-CARIFORUM Free Trade and Economic Integration Agreement
4. Union of South American Nations (UNASUR)
5. Latin American and Caribbean Economic System
6. Islamic Trade Preferential System
7. Islamic Centre for Development of Trade
8. Suriname is a state associated to MERCOSUR
9. Global System of Trade Preferences among Developing Countries (GSTP) - accession process

1. World Trade Organization (WTO)
   1. Agreement on Sanitary and Phytosanitary Measures
   2. Agreement on Trade in Services (GATS)
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. World Customs Organization (WCO)
   1. Kyoto Convention
3. COTIF Convention (Rail)
4. BIC (Containers)
5. Chicago Convention (ICAO)
6. International Maritime Organization (IMO)

1. CELAC
2. Organization of American States (OAS)
3. Economic Commission for Latin America (ECLAC)
4. Inter-American Development Bank
5. Africa-South America Summit

1. Islamic Development Bank
2. Organization of Islamic Cooperation (OIC)
3. Summit of South American-Arab Countries

1. United Nations
2. World Bank
3. World Trade Organization (WTO)
4. International Monetary Fund
5. Commonwealth
6. ...

1. Surinamese Capital: Paramaribo
2. Borders of Suriname: Brazil, Guyana and French Guyana
3. Area of Suriname: 163.820 km²
   1. Territorial tensions with Guyana and French Guiana
4. Population of Suriname: 550,000 inhabitants
   1. Surinamese Population density: 3 inhabitants / km²
   2. 27% of the population are Hindustanis (originally from India)
   3. 21% of the population are maroons of African origin (African Diaspora)
5. Suriname's official language is Dutch
   1. Sranan Tongo language is used by 40% of the population
   2. English, French, Spanish and Portuguese are widely used
6. Abolition of Slavery in Suriname: 1863
7. Main rivers: Suriname, Courantyne, Coppename, Marowijne, Nickerie
8. Climate of Suriname: equatorial-tropical
9. 1498: discovery by the Spanish
10. 1498: discovery by the Spanish
11. From the 16th century: British and Dutch colonization
12. Formerly it was called Dutch Guiana
13. Government Type: Presidential Republic
14. Suriname became independent from the Netherlands  in 1975

Main Religions in Suriname:

1. Christianity: 48 % of the population Surinamese
2. Hinduism: 23% of the population Surinamese
3. Islam: 14% of the population Surinamese

Suriname belongs to the:

1. Caribbean Economic Area of Western Civilization
2. Hindu Economic Area
3. Islamic Economic Area

Surinamese Economy.

1. 25% of the Surinamese population works in the agricultural sector
2. Main agricultural products: rice, bananas, wood, palm kernels, coconuts, peanuts, citrus and forest products
3. 1. The bauxite industry accounts for 15% of GDP and 70% of the export earnings
4. Important hydroelectric potential
5. Surinamese currency: the Surinamese Dollar (SRD)
6. Country code top-level domain of Suriname:.sr

Surinamese Foreign Trade

1. Main Exports of Suriname: aluminum, bauxite, rice, bananas, shrimp, gold, crude oil, wood, fish
2. Main destinations of Suriname's exports: the United States, Belgium, the Emirates, Canada, Guyana, France and Barbados
3. Main imports of Suriname: capital goods, oil, food, cotton, consumer goods
4. Largest providers of Suriname: the United States, Netherlands, China, United Arab Emirates, Antigua and Barbuda, Netherlands Antilles and Japan
5. Main trading partners: the Netherlands, the United States, Canada, Trinidad and Tobago and the islands of the former Netherlands Antilles
6. Agreement with Venezuela for oil importation (PetroCaribbean)

Transport and Logistics in Suriname:

1. Main seaport: Paramaribo
2. Other seaports: Albina, Moengo, Nieuw-Nickerie
3. 4,304 Kilometers of roads (1,130 paved)
   1. Driving on the left
4. 166 Kilometers of railway lines
5. Zorg in Hoop Airport (Paramaribo)